From March until today, I can see all the rubbish comments posted in this forum.
No one seems to understand the business model.
First of all it is not an investment scheme, therefore has nothing to do with BN approval. It is not taking any form of deposits.

It is just a gold smith shop that sells you gold and give you a discount which is given back to you not at the time of purchase but spread over a few months.

Just imagine you are buying a gold ring from Poh Kong or other gold smith shop and they give you a discount. The discounted amount is given back to you spread across a few months. That's all !!

You call this a scam or illegal??

Come on .... go to the shop and sit down there and see for yourself.
Don't just sit in front of your PC and start googling here and there to find negative remarks like what you can see in this forum. There are lots of cyber troopers out there who are working for other competitors to write negative remarks because of jealousy seeing the business growing so quickly.

Do you know that there are quite a few more companies doing the same thing but their names do not appear anywhere and you guys have not heard of them before and cannot even google their company name?

For the commenter "lunchtime" who screams that the company is still owing his wife some outstanding amount from his previous purchase when the company was raided by BN, why can't he just pay a visit to the office at Kuchai Lama and look for the owner who sits at the top floor everyday? He will be glad to see you and settle the problem because he is not hiding somewhere where you cannot find him !!

Unless of course you are just a cyber trooper trying to tarnish the image of the company !

When the business began to boom, lots of people began withdrawing from their FDs and the Banks tak bolih tahan and therefore instigated BN to investigate which until today still find no evidence of fraud as its business model complies to BAFIA and AMLA.

That is why the company is still operating and growing everyday with branches in Singapore, China, Philipines with billions of sales turnover and the bosses are still walking around town like nothing has happened!!

But you people are jumping up and down claiming it is a scam just because you can find its name in BN website!!

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Added on August 3, 2012, 11:13 pmDid I say every single one of you are cyber troopers?

No isn't it?

This post has been edited by wjmatcool: Aug 3 2012, 11:13 PM

Open your eyes and read properly !!

Did I ever mentioned that you WILL get a discount at Poh Kong??

I just told you to IMAGINE the scenario !!!

Also did I mention that Genneva sells bracelets and chains ??

I only mentioned gold !!

You people are really blinded by your mind set and cannot read and understand the full sentence before saying something.

If you go to court guarantee you loose one!

Think out of the box please, not confine yourself inside the box

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Added on August 4, 2012, 9:57 amWhen did I mention Maybank is loosing money??

People are withdrawing savings from their FDs which is a threat to the Banks.
If no one deposits in the Bank they go bankrupt !! Understand??

This is what they are afraid of. They survive because you are giving your money to them so that they can make billions and in return give you back a miserable amount of 3%-4% per year !!
Don't you feel like you are all suckers then??

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Added on August 4, 2012, 10:14 amGo visit these websites.

Don't tell me the Government's Ministry of Human Resource also supports this scam huh?

Don't tell me Rosmah also fully supports the scam huh?
Then you need to tell the PM about it lah !!

http://www.mohr.gov.my/pdf/genneva_square.pdf

http://www.pmo.gov.my/datinrosmah/?dsr=pho...id=view&num=580

This post has been edited by wjmatcool: Aug 4 2012, 10:14 AM

Sorry, I mean the Bank itself goes bankrupt.....NOT the depositor.

Hello, you think I am blind like you ah?
Of course I know the news are dated when.

What I trying to tell you is can a scam company continue scaming from day one when BN raided till now with court cases still ongoing and still operating and expanding everyday with Rosmah also involved?
The FLOM photos are from the official Prime Minister Office website......you mean the PM website is also bullshit and scam?


That is why people like you "thinks" that you know a lot and are doing a great job by looking at websites only and listening to rumours only.
Do you know that there are high profile people trying create a scene and make it appear in the papers, etc?
You don't know isn't it ..........well too bad......you have got limited resources then.
Go and do some more homework.

All the bosses would have been shot dead by now since they are also operating in China...... but how come the business is booming like mad there??

Why Singapore Govt. never arrest the bosses since they are also operating there openly??

By the way nobody including me is asking you to dump in your precious money on this. So don't get too exited. I am just trying to open up you people's eyes to see a bigger picture.
There are many things going on behind the scene which you all do know of and will never know just by reading BN or any other websites.

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Added on August 4, 2012, 12:52 pmHello, you think I don't know what you mean ah?

Your deposit is guaranteed by the insurance up to RM250K should something happens to the Bank.

I am talking about the Bank itself going bankrupt not the customer.

This post has been edited by wjmatcool: Aug 4 2012, 12:52 PM

Hello Accountant, there you go again.

This is not an MLM company lah.
From which website you got the info this is an MLM company?

Hello Son, whether it is positive or negative news, I don't care a damn.

Terror people like yourself should be aware that everything under the sun is controlled by you know who.
So don't talk stupid things like sueing.

What I cannot tahan is that there are lots of people wasting all their precious waking time sitting in front of the PC and blogging, chatting non-stop whole day long trying to tell people how much and what they hear, read and know.

Although some info is true but there are lots of info that normal people cannot access unless you have got people inside.

So while you are still alive and healthy go and do something useful lah like cut your house grass, wash your car, mob the house, paint the house, help your wife to cook, play with your kids, etc.

That shows you know nothing about the business model.

You think I don't know what is Ponzi?

I have tried all types online ponzi, also known as HYIP (High Yield Investment Programs) which are actually all bullshits.
Lost some money of course but little bit only lah.

If you want to see how many online Ponzi are existing now and still operating, you can visit this website and maybe try one and get some experience too.
Their websites are beautifully designed and looks like real.

http://www.moneymakergroup.com/HYIP-High-Y...nvestme-f9.html

I have been in so many MLMs.

So don't tell me how to differenciate between Ponzi and MLM !!!

Maybe you just read about them only in the toilet newspapers and internet.

Have you ever venture into them to get the feel it ....yes / no??

Tell your friends no need to worry. Enjoy life while still can.

Everything that is going to happen or has already happened is all written in the book upstairs.

But sorry... so far no one has access to this book yet so cannot tell what is going to happen.

I don't understand you people lah.

Your minds are all blocked and cannot take in information.

This company is NOT an investment company.
Your are not investing your money in the company.
That is why it is listed in BN list of non-approved investment company. In the first place how can a company which is NOT an investment company be approved as a investment company by BN??

This company is just a GOLD TRADING company. It buys and sells gold. Therefore it has got nothing to do with BN.
There are lots of IDIOTS out there who keep on spreading info that this is an investment.

You just go to the shop and buy PHYSICAL gold and keep it any where you want...maybe under your pillow because it is your property.
That's all.

It is not like investing in online gold where you can only see your account number and if the company close shop you are left with nothing.

First of all you must understand the concept first you decide whether it looks like investment or not.

I give you a very simple example below.

If you buy a handphone at RM1000 and the handphone company gives you a discount of 10%, by right you should be paying the company RM900 at the time of the purchase.
But in this case, you still pay the company RM1000 at the time you purchase.
However the discounted amount of RM100 will be paid back to you spread across a few months.
At the end of the few months, you decide whether you want to keep the handphone for good or sell it back to the handphone company.
If you sell it back, the company buys it back from you at RM1000 which was what you paid for few months ago.
If you have the confidence that the model of your handphone will increase in price, then you just keep it and wait for the price to increase and sell it off to your buyer outside.


======
First of all property agents are not owners of the properties that are sold to you.
They are just middle man and earn 2% to 3% of the value of the property being sold to you.
So how can they give apply this kind of concept in their business model?
They can't be making 2% one-off profit and keep on paying you 2% discount of the purchase price every month...........can they or can they not !!??

Ya loh!

Me the dumb a@!^ also says "The Banks use your cash to roll loh" --

Hello, years of training huh?

Before you go for operation, why are you asked to sign a "FORM".
What form is that?

It simply means no GUARANTEE !!

Get yourself operated by a so-called trained surgeon BUT at your own risk !!

Whether you come out of the operating theartre alive or dead........ please pay full amount !!!!!!!

If you walk out alive........people will start forums on how good the surgeon is and start recommending to friends and relatives.

Have you seen or heard of a very experience surgeon with the patient coming out straight heading towards the mortuary instead?
No isn't it?

People with limited exposure always talk as if they know a lot one.

This is manageable risk or unmanageable ??

Hello Accountant, this is not about pro or anti.
It is about common sense.
Lots of poeple think that whatever they read about in the toilet newspapers and online blogs and forums are the whole truth and nothing but the truth.

Wonder if you guys read any pro and anti govt/opposition politics websites.

Both sides also got story to tell, so who do you believe?

You can only know the truth if you have access to inside info. Otherwise it is just an online story book.

Are you a real accountant?
Do you know that there a quite a number of accountants, lawyers, bankers who are also buying from them?
Don't know leh ??

There are hidden agendas which cannot be revealed here.
So sorry for you guys to spend so much of your valuable time here "informing" the public of this huge "SCAM" that is going on.

Terima kasih banyak.

I wonder if you guys read carefully and understand every word that has been posted here or not.

I have said earlier, if there is anyone who has not been paid back by this company due to the BN's raid few years ago, just drop by
at their office in Kuchai Lama and shout and scream to look for the actual big boss lah.

He is there everyday on the top floor and am sure he will come down to entertain you if you really create a scene there.

Why scream and shout in this forum??? You will never get your money back that way isn't it?

Don't expect the big boss to read every single posting in this forum to see who is not paid lah...pakai lah otak sikit,

Unless of course you are not genuine but just a cyber trooper engage by their competitor to cause trouble.

That is only logical explanation !!